A Wall Street Vet Backs SEC on Market Structure Revamp
Also, Finra warns brokers on trading apps; state market cops side with Gensler on crypto
Trading firms and brokerages are certain to be the hardest hit by the SEC’s market structure overhaul, so it’s no surprise that the companies have been deeply skeptical of the agency’s key estimate that directing retail stock orders to auctions could save investors some $1.5 billion annually. But one Wall Street trading veteran is now coming to the SEC’…
Keep reading with a 7-day free trial
Subscribe to
Capitol Account
to keep reading this post and get 7 days of free access to the full post archives.